Daily Current Affairs from 29 July 2014

1) Eid
– ul-Fitr celebrated across Nation: Eid-ul-Fitr, which marks the
culmination of the fasting month of Ramzan, was celebrated across the
country on 29 July 2014 (Tuesday). Ramzan, the ninth month of the Islamic lunar calendar, is
observed as a fasting period by Muslims who abstain from food and water from
sunrise to sunset and it culminates in Eid-ul-Fitr celebrations.

2) International
Tiger Day 2014 observed across the world: The World on 29 July 2014
observed the International Tiger Day. The day is celebrated as an awareness
day. The goal of the Tiger Day is to promote protection and expansion of the
wild tiger habitats and also to gain support awareness for tiger conservation.

3) Neel
Mukherjee longlisted for Man Booker prize: Neel Mukherjee, a London-based
writer whose recently published novel, The Lives of Others, won rave reviews,
has been long-listed for the Man Booker prize 2014, which, for the first time,
has admitted novels in English from across the globe. Kolkata-born Mukherjee's
novel, set in 1960s West Bengal, is his third novel. His first, Past
Continuous, won the Vodafone-Crossword Award in India, the Writers' Guild of
Great Britain Award for best fiction, and was shortlisted for the inaugural DSC
Prize for South Asian Literature. The longlist includes 13 books by four
Americans, six Britons, two Irish writers and one Australian. Man Booker trustees decided this year to change the
rules which had previously allowed only British and Commonwealth authors to be
considered for the prize. One former Man Booker winner, Howard Jacobson, is on
the longlist along with two previously shortlisted authors, Ali Smith and David
Mitchell.

4) Reliance
Power to buy Jaiprakash's hydropower business: Reliance Power Ltd will buy
Jaiprakash Power Ventures Ltd's entire hydropower business, the companies said
on Monday, in a deal that would make billionaire Anil Ambani's group the
largest private hydropower provider in India. Reliance CleanGen Ltd, which with
Reliance Power is part of Ambani's Reliance Group, has signed an exclusive
memorandum of understanding with Jaiprakash to buy three power plants.

5) Flipkart
raises $ 1bn in fund - highest in Indian e-commerce: Flipkart on Tuesday
announced it has raised $1 billion (Rs 6,000 crore), the largest ever
fund-raising by an Indian internet company. The company declined to disclose
the valuation at which it has raised funding. However, according to multiple
people involved in the deal, the Bangalore-based company is now valued at about
$7 billion. "This is a great milestone for Flipkart and for internet
companies in India. It is a whole new benchmark we have set," said Sachin
Bansal, co-founder and chief executive. The seven-year-old firm was valued at
$2.6 billion at the time.

6) ICC bans Moeen Ali from wearing 'Save Gaza'
wristbands: England batsman Moeen Ali has been banned from wearing
wristbands featuring the slogans "Save Gaza" and "Free
Palestine", the International Cricket Council (ICC) announced on Tuesday.
Moeen, who is Muslim and of Pakistani descent, helped raise funds for charities
working with those affected by the three-week conflict with Israel. He wore the
wristbands on Monday's second day of the third Test against India at
Southampton. Moeen, 27, risked disciplinary action under the ICC Code of
Conduct, which forbids players wearing, displaying or conveying messages
through arm bands or other items on clothing or equipment without prior
approval.

Daily Current Affairs from 29 July 2014
Reviewed by
Currentaffairs4examz
on
31.7.14
Rating:
5
1) Eid – ul-Fitr celebrated across Nation : Eid-ul-Fitr, which marks the culmination of the fasting month of Ramzan, was celebrated across...